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EFS Facilities Services Secures Managing Agent Contract with Tatweer Buildings Company (TBC)
March 24, 2019

EFS Facilities Services has been awarded the contract as the Managing Agent for facilities management services with Tatweer Buildings Company (TBC) for 2714 schools across the Western Region in Saudi Arabia, Jeddah, Mekkah and Medinah for a period of three years.

This project win solidifies EFS’s position as a managing agent by providing subject matter expertise and aligning to industry"...

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Saudi Alandalus Property 2018 revenue up 12pc
March 21, 2019

Saudi-based Alandalus Property said its revenue for the fiscal year ended December 31 hit SR165 million ($44 million), up 12 per cent compared to SR147 million ($39 milion) for the same period the previous year.

A major player involved in the investment, development and operation of income-generating commercial properties across the kingdom, Alandalus Property has been upgrading its existing assets across its diverse set of property sectors, primarily"...

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Premier Building and Interiors expo opened
March 20, 2019

JEDDAH — The 28th edition of Saudi Building & Interiors Exhibition (SBIE) 2019, one of the major exhibitions in Saudi Arabia, began in Jeddah on Monday.

Ziad Bin Bassam Al-Bassam, vice chairman of the Jeddah Chamber of Commerce and Industry (JCCI), inaugurated the four-day exhibition at the Jeddah Center for Forums and Events, in the presence of Hadi Al Harith, CEO of Al Harithy Company for Exhibitions (ACE), dignitaries, representatives of"...

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Dubai’s Construction Giant Reign Holdings Scoops Major Real Estate Award
March 20, 2019

(AETOS Wire) -- Reign Holdings Group Chairman Samir Salya is celebrating after the global firm scooped a major international business award.

His multi-billion-pound construction company has been named as one of the Top Real Estate Companies in the Middle East by Forbes Magazine.


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Saudi Arabia sees rebound in construction activity
March 18, 2019

DUBAI — The latest RICS Middle East Construction and Infrastructure survey results indicate that operating conditions remain difficult; however, respondents report an increase in infrastructure workloads throughout most of the region. Despite a slightly more optimistic outlook, the region remains vulnerable to external economic shocks.

Expectations for 2019 are somewhat mixed, with respondents seeing an increase in workloads over the next 12 months,"...

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Paving the way for Saudi Arabia’s women in real estate
March 17, 2019

OVER the last four years there has been a diverse shift in the demographic mix of Saudi Arabia’s labor market, with the increasing number of women entering the workforce at the forefront of this change.

With Vision 2030 now in its implementation phase, the government is carrying out its commitment to empowering women, recognizing their potential as active contributors to the economic development and modernization of the country. This falls in line"...

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Optimism hallmarks Cityscape Jeddah
March 17, 2019

Major moves within Saudi Arabia’s real estate sector, which is being revitalized by government initiatives and Vision 2030 economic diversification plans, are to come under the spotlight at Cityscape Jeddah 2019 — the largest trade show for the development segment within the Kingdom’s commercial capital.

Cityscape Jeddah, which runs at Jeddah Centre For Forums & Events from April 5-7, is expected to be a weathervane to transformative"...

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BAI Announces Its 2019 Global Innovation Awards are Open for Submissions
March 15, 2019

(AETOS Wire)-- BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, announced today the BAI Global Innovation Awards are now open for submissions. Nominations will be accepted through Friday, April 26, 2019. Winners and finalists will be announced this summer. Each year, hundreds of financial institutions from around the world submit nominations to achieve recognition from the BAI Global Innovation Awards. The program is a year-round community and content platform that recognizes the industry’s most innovative products, services, business processes and organizations worldwide. Now in its ninth year, past winners include Fifth Third Bank, USAA, CaxiaBank, Emirates NBD, Ping An Technology, Nusenda Credit Union and more. The nomination......

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ALJ machinery trains Saudi women in forklift skills
March 14, 2019

RIYADH — Abdul Latif Jameel Machinery has introduced a new apprentice course in Riyadh to train Saudi women to operate forklifts, after the company signed formal service provider contracts with several national institutions.

The company has allocated an experienced and highly qualified team to train the first batch of trainees about forklift-related procedures. Participants in the training program will learn about the safety requirements and standards"...

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Big 5 Saudi opens with 300 taking part
March 11, 2019

JEDDAH — The ninth edition of The Big 5 Saudi, the leading construction event in the Kingdom, officially opened its doors Sunday at the Jeddah Centre for Forums & Events. The exhibition, which gathers a record number of participating countries this year, will run until March 13 and is expected to host over 14,000 visitors.

Inaugurating the exhibition, Shawaf Alshawaf, deputy general manager of Al Bawani Contracting, said: “The projects"...

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